Pay Yourself First. Always.

This week’s MKFP is inspired by the Black Hedge Fund Group. Nearly half of all Americans say they cannot afford an unexpected $400 expense and nearly half of all Americans say $400 is too much if they had to come up with that amount in an unexpected emergency. 47% of those polled said they either wouldn’t be able to cover an unexpected $400 expense through savings or their credit card or would have to cover it by selling something or borrowing money.